The Beijing municipal government has announced a two-year metaverse innovation and development plan from 2022 to 2024 that would require every district to adhere to the new Web3 innovation plan.
As a growing source of information and technology integration for a new generation, the metaverse will drive the internet’s growth toward Web3. Beijing’s innovation plan is aimed at promoting the development of metaverse-related industries and helping the capital of China build a benchmark city for its digital economy.
A Google Translate transcript of the official document states that the plan intends to, “Promote digital education scenarios, support in-depth cooperation between Metaverse-related technology companies and educational institutions, expand intelligent and interactive online education models, and develop industry-wide digital teaching platforms.”
The innovation plan demands that various districts build technological infrastructure at a city level and promote the use of various fields from education and tourism. The development program will see to the integration of technical means such as 3D visualisation as well as GIS (Geographic Information System) that’ll be used to build a visual urban space digital platform and advance the layout of Beijing’s digital native intelligent infrastructure.
The Beijing municipal government has also demanded tracking of Non-fungible token (NFT) trends and exploring regulatory sandbox programs that will support the innovation.
And although China is known for its anti-crypto law, the government has shown interest in the metaverse since last year. Before announcing its metaverse plans for Beijing, China has previously announced a five-year development plan for Shanghai.
The moves come on the back of the American government’s plans to limit the sales of AI tech to the country as relations between the two countries fails to improve.